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, the disparity. i was a bus driver and had an opportunity to see what went on in the affluent areas in the city of chicago. because it's based on real estate taxes, the funding, never being able to have the same opportunities. those kids have laptops and can take them home. but there's not even a computer in the class rooms within the city of chicago. my sister is a principal in the system. i asked her one question that would be critical to making the situation better for the students, she said to bring back the resources to the school in order to help the parents in dysfunctional houses that are underserved with 20% unemployment and we would get a more conducive environment and for the children to learn so they could be more prepared for school and retain what they learn in school. 14,: here's the september 2012 article puts out by the white house -about the effects of the potential cuts that will go into place on december 31 if no deal is struck over the fiscal cliff. the automatic spending cuts, defense and non-defense. in the report, educational achievement and special- education programs w
before the end of the year? caller: something might change before. host: kansas city, mizuho -- missouri secure they? hello. caller: yes. that was just an election, and this was the best -- and the president won. so there. appear them to start now to put this roadblock shows that they are not serious. let the democrats come back with legislation and let's see how the public votes. host: what do you think about the $1.6 trillion in new taxes. entitlement cuts but what do you think of those aspects of what the white house is offering? caller: republicans have been against every type of social security, medicare, but all you have to know is that there is no way you can cut your -- way to a balanced budget. host: from maryland, republican line. hello. caller: i watch you every morning. they keep talking about entitlement. why don't we cut some of these entitle appellants to politicians? the state and the federal. it was just in the paper. the state workers are getting a 47 cost of living raise -- a 4% cost of living raise. what about their transportation is paid for, their insurance, their f
at the history and literary life of new york's capital city, albany, saturday at noon eastern on "book tv" on c-span2 and on sunday on c-span3 on american history tv. washington journal continues. host: we want to welcome peter welch, chief deputy whip, also served on the oversight and government reform committee. thanks for being here. the fiscal cliff negotiations, the house gop put out their proposal yesterday. "usa today" has -- reaction?r guest: i disagree. on the revenue, with the speaker has proposed with $800 billion, there's no great increase. so-called cleaning up the tax code. the problem is you start going into the middle class and start having the middle class pay more money. on the revenue there is how much do we raise and where does it come from. had alear president obama specific proposal to raise the rates to the clinton era for the top two%. i think that is what will happen. there was a majority of republicans who agreed with that. second, on the 1.1 trillion entitlement cuts, that is really a bad idea. what is doing is approaching that by slashing benefits rather than reformi
are sure it is a city with a decline in property value and losing the home, it is not really tax evasion. why did they do it for five years? we have a political department that might be better at answering that. host: what was the housing market like in the 2007? make a comparison of what was going on in 2007 and what is happening now. guest: it was beginning to tank. values peaked around 2006 and in some places 2007. it is the year we began to see the foreclosures and the problems with a sub prime mortgages. the context was, we were not in a recession yet. it was not like 2007 -- 2008 when everyone had a problem. in 2007 it was clear there were going to be a lot of defaults and this was potentially a problem. this tool can be an efficient way of handling what would otherwise be expensive foreclosures. host: we want to make sure the viewers understand what we are talking about with regard to eligible homeowners who can use the mortgage debt relief act of 2007. the bank waives the portion of the balance they did not recoup in foreclosure, this goes into effect. the numbers are there on th
-74. >> this weekend, we look behind the scenes at the history and the literary life of new york's capital city, albany. saturday on c-span2 and sunday at 5:00 p.m. on c-span3. >> "washington journal" continues. host: we want to welcome back to our table congressman tom cole, republican of oklahoma. let began with the news. john boehner send a proposal to the white house yesterday. what do you think? guest: it is a great opening start and makes it very tangible what the speaker committed to after the election. which is we are going to put revenue on the table. that is an enormous step forward by the republicans. not something we want to do but something we recognize we have to do to get there. i think the proposal to rex us toward where the real problems are which is entitlement spending. we cannot solve this with just revenue. while we like the paul ryan budget, the speaker basically picked up elements of some of the proposal from erskine bowles in an effort to try to reach forward. i think the speaker should be given a lot of credit for a great opening position. host: so, loopholes and deductions tha
Search Results 0 to 4 of about 5

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